Holding in Company

Brown (N.) Group PLC
16 May 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

N BROWN GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ZURICH FINANCIAL SERVICES AND ITS GROUP


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

AS IN 2 ABOVE


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

LITTLEDOWN NOMINEES LTD          376,380
LITTLEDOWN NOMINEES LTD        5,646,496
LITTLEDOWN NOMINEES LTD          432,802
LITTLEDOWN NOMINEES LTD          910,055
LITTLEDOWN NOMINEES LTD          750,000
LITTLEDOWN NOMINEES LTD           50,000
LITTLEDOWN NOMINEES LTD          140,000
LITTLEDOWN NOMINEES LTD          325,300
LITTLEDOWN NOMINEES LTD          380,000
RBSTB NOMINEES LTD                16,250
RBSTB NOMINEES LTD                23,300
RBSTB NOMINEES LTD                 8,000
RBSTB NOMINEES LTD                15,000
RBSTB NOMINEES LTD               265,000


5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

10P ORDINARY SHARES


10)  Date of transaction

NOT DISCLOSED 


11)  Date company informed

15.05.01


12)  Total holding following this notification

9,338,583 SHARES

               
              
13)  Total percentage holding of issued class following this notification

3.19%


14)  Any additional information



15)  Name of contact and telephone number for queries

P GRUNDY
COMPANY SECRETARY
0161 238 2334


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification      16TH MAY 2001